Now that the Federal Council of Switzerland revised the Ordinance on the Electronic Signature, contracts signed digitally in Switzerland will have equal status as those with handwritten signatures starting in 2017. The new law takes into account increasing digitalization in the financial services industry and banks...

At Appway Sphere for Banking Singapore in June, senior private banking experts gathered to understand how new digital tools, work automation, and cutting-edge technologies can empower businesses and shape the future of banking. Various industry players along with senior Appway executives discussed and debated how digital...

We focus on the digital transformations of banks and get a lot of questions about the latest trends in technology. One question that keeps popping up: Where is the greatest potential for chatbots in banking?We heard it so much that we hosted a webinar, How to...

Even in its second year of investigation, the flames of the 1Malaysia Development Berhad scandal are still burning strong. Malaysia’s Prime Minister, Najib Razak, is accused of funneling more than $900 million from a government-owned sovereign wealth fund into his personal bank accounts. Banks, bankers, politicians,...

Banking operates in an increasingly complex environment. Due to the increased need for compliance, margins are diminishing and costs are rising. To stay competitive, banks are looking at various ways to differentiate themselves, whether by specializing their products and services, adapting their operating model, or engaging...

While “client experience” is an everyday industry term these days, this wasn’t always the case. When WealthBriefing published a research report on client experience in 2014, the term had plenty of firms scratching their heads. Today, many financial institutions have senior executives or whole departments dedicated...

In our webinar, The Future of Banking: Adopting Innovative Technology, guest speaker Alyson Clarke from Forrester Research explored how groundbreaking technologies have empowered customers and given rise to a new era of digitalization. The smartphone is the most recent example of how technology can transform how...

In today’s world, nearly all financial institutions are in some stage of digital transformation. Technology, which has always been a part of every industry, also plays a big part in the banking industry’s ongoing digital transformation.When we look back on the past decade of technological development,...

At this year’s Innoxcell Annual Symposium in Hong Kong, Appway hosted a discussion session entitled Capturing and Preventing Anti-Money Laundering (AML) Risks with Client Onboarding and Reviews. I was joined by Samuel Lung from Ernst & Young to talk about how financial institutions in APAC can...